Category Archives: Economics

Sergiu Hart raises a very interesting idea regarding elections. Consider the Brexit referendum. Sergiu proposes to have two rounds two weeks apart. Every voter can vote in each, and the votes of both rounds add up! The outcomes of … Continue reading →

Last week I took a bus from Tel Aviv to Jerusalem and I saw (from behind) a person that I immediately recognized. It was Nimrod Megiddo, from IBM Almaden, one of the very first to relate game theory with complexity … Continue reading →

Indeed, most people got it right! Bundling sometimes increases revenues, sometimes keeps revenues the same, and sometimes decreases revenues. In fact, this is an interesting issue which was the subject of recent research effort. So here are a few … Continue reading →

One item You have one item to sell and you need to post a price for it. There is a single potential buyer and the value of the item for the buyer is distributed according to a known probability distribution. It … Continue reading →

You run a single-item sealed bid auction where you sell an old camera. There are three bidders and the value of the camera for each of them is described by a certain (known) random variable: With probability 0.9 the value … Continue reading →

We are considering the stable marriage theorem. Suppose that there are n men and n women. If the preferences are random and men are proposing, what is the likely average women’s rank of their husbands, and what is the likely average … Continue reading →

The following post was kindly contributed by Eyal Sulganik from IDC (Interdiciplinary Center) Herzliya. Eyal was motivated by our poll on certainty “beyond a reasonable doubt,” which is related to several issues in accounting. Mathematicians, I believe, are always looking … Continue reading →

This post is authored by Michael Schapira. (It is the second in a series of two posts.) In thse two post, I outline work on Internet routing and sketch important areas for future work, both on routing itself and, more broadly, on mechanism … Continue reading →